NQ’s news reaction was epic. I mean I saw the signs (wedge, bearish divergence) but she didn’t fail at giving that FAKE-OUT first (which I gained from btw). Anyway, Now she’s currently at a confusing state. Created a LL but no LHs so is she really bearish? I can’t say! I’m monitoring the 50 and 20. A break above the 50 gives a little BUY opportunity. I say “little” because there isn’t a proper BEARISH structure yet. However, there’s a huge GAP. She breaks past the 20 then maybe we can say she’s BEARISH. Like I said, “confusing state”.
Note
Every time you show up, There's a LESSON. Never forget that.Note
Every TRADER knowsThat the secret to survivin'
Is knowin' what to throw away
And knowin' what to KEEP.
'Cause every hand's a WINNER,
And every hand's a LOSER.
Note
I’ve got a SETUP if 50 breaks. So, we’ll see.
Note
Got some breaks.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.